Banking & fintech
Banks, payments and financial technology: products, deals and rules from the institutions themselves.

Lim Ka Kit Banned From Insurance Intermediary Role for Nine Months
Hong Kong regulators banned Lim Ka Kit for nine months after an investigation revealed clients were pressured and asked to alter medical details.

HSBC Plans Global AI Institute in Hong Kong in 2027
HSBC outlined plans for a global AI institute in Hong Kong in 2027 during Hong Kong FinTech Week x StartmeupHK 2026.

Asper.ai acquires Pricing One talent, adding 650+ execution plans
Asper.ai said it announced acquiring Pricing One talent and assets to strengthen its agentic AI platform and expand in Europe.

Natural Launches Direct to Give AI Agents Payment Rail Choices
Natural announced the general availability of Direct, enabling AI agents to choose payment rails like ACH, wire, and realtime payments.

Convera warns AI spending and borrowing will drive FX swings in 2027
Commercial payments provider Convera warns that surging AI investment exceeding $1 trillion is competing for global capital and creating wider currency risks for businesses.

Zafin Signs Definitive Agreement to Acquire Naehas
The proposed acquisition expands Zafin's portfolio of AI-powered platforms with Naehas's compliance and offer management technology.

Hong Kong Fintech Group Discusses AI and Virtual Assets
Hong Kong's fintech coordination group met to discuss virtual asset regulations, AI adoption, and quantum preparedness.

Enigmata Joins Finovifi Marketplace for AI Data Protection
Enigmata has joined the Finovifi Marketplace to provide community banks and credit unions with AI data protection and analytics tools.

S&P Global Ratings Launches North America Data Center Dashboard
S&P Global Ratings has released an interactive dashboard tracking North American data center debt issuance, market overviews, and capacity insights.

RBI Releases October 2026 Bulletin Featuring NBFC AI Studies
The Reserve Bank of India issued its October 2026 bulletin featuring research on NBFC artificial intelligence orientation and economic nowcasting.